Exploration and Production
NIS is the only company in Serbia engaged in the exploration and production of oil and gas.
NIS is the only company in Serbia engaged in the exploration and production of oil and gas.
In the field of exploration and production of oil and gas, apart from Serbia, NIS is present in Romania, Bosnia and Herzegovina, and Angola. Most of the oil fields are located in Serbia, and the oldest foreign concession is in Angola, where production has been taking place since 1985.
The Upstream Block also includes a plant for the preparation of natural gas, production of LPG and gasoline, and CO2 removal, as well as an amine plant for natural gas purification in the town of Elemir. The plant uses the high-pressure acid gas capture technology (HiPACT), which eliminates any CO2 emissions into the atmosphere, providing significant environmental benefits. Elemir is also home to the NIS Training Centre for oil industry professionals. This state-of-the-art facility is equipped with simulators that fully mimic all production processes so that the workers can practice any task that may emerge in production, treatment, and transportation of oil and gas.
NIS is committed to continuous technological development and the introduction of innovations in all business segments, so modernization is one of the priorities in its upstream operations. In the field of exploration and production, scientific and technological support is provided by the company’s subsidiary STC NIS-Naftagas d.o.o. Novi Sad.